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Alston Energy Inc.: Correction re Pro Forma Information

CALGARY, ALBERTA — (Marketwire) — 04/26/12 — Alston Energy Inc. (TSX VENTURE: ALO) (“Alston”) wishes to clarify an inadvertent error in the measurement unit used in describing the pro forma reserves following the assumed successful completion of the asset purchase and business combination transactions referred to its news release of April 24, 2012. The reserve information should read:

– 1P reserves (1362.5 Mboe–s in the aggregate) of approximately $23 million (NPV10)

– 2P reserves (1894.7 Mboe–s in the aggregate) of approximately $33.8 million (NPV10)

The TSX Venture Exchange Inc. has neither approved nor disapproved the contents of this press release. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

Contacts:
Alston Energy Inc.
Don K. Umbach
President
(403) 245-4261

Alston Energy Inc.
Troy Winsor
VP Business Development
1-800-663-8072

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